Research on the political risk and entry mode of multinational companies (MNCs) has been one major subjects interest in international business terrain, factor constitute a basis for explaining whether exporting, licensing, franchising, or joint venture agreement (JVA) Foreign direct investment seems to be appropriate. As such, study examined effect as it affects strategies selected corporations...

This article represents a brief history of the development of franchising in Australia and its regulatory framework and links this to an analysis of relevant research. Findings indicate a disparate ad hoc approach to research including scoping studies at the embryonic stage of franchise development; significant evidence of census style research culminating in a trajectory of disparate studies u...

In this paper a Web-based tool component for modeling and optimisation of business processes is presented. A core idea of our approach is that business process descriptions are stored in a standardised XML-based format, which can be automatically transformed into a Petri Net format. Petri Nets are used because they allow a formal analysis, evaluation, and optimisation of business processes. Our...

“Traditional” principal agent theory interprets franchising as a solution to the agency problems associated with incentives and observability. Franchising has been viewed as an institution that aligns the right to make decisions with the residual claims deriving from these decisions. One problem associated with this explanation, is that in institutions like franchise systems or firms, the relev...

Business Process Management (BPM) can help organizations in their attempts to align strategies between business and information technology areas. It is not only necessary to address functional properties during the BPM life-cycle, but also process quality and operating constraints, which are usually grouped together as Non-Functional Properties (NFP). However, the most prestigious languages for...